07 March 2018
in year FY 2017-18 i have hp loss of 800000 of which(of which current yr loss is Rs.200000 ,since as sec 24(b) is amended,so maximum loss in a year can be only 200000) i have set offed with other heads of income upto 200000 . So i c/f Rs.600000 to 2018-19. In the year 2018-19 i have hp income of 400000. Whether i can set off Rs.400000 ???? or only 200000